PAYPAL Destroy My Business
- Thread starter superman
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Well,
I had issues with Paypal allot in the past years. So I have learned and created a backup model for any case of receiving payment or paying out my advertisers. To bad to see other people got hurt. There is a huge amount of internet users who roll the anti-paypal campaign.
I had issues with Paypal allot in the past years. So I have learned and created a backup model for any case of receiving payment or paying out my advertisers. To bad to see other people got hurt. There is a huge amount of internet users who roll the anti-paypal campaign.
The solution is simple:
Send all the monies to your friend, and have him cash it out for you.
Or, alternatively:
Have a friend open a pay pal account for you, pay him like $150 or something for the trouble and you use it.
(obviously it has to be a close trusting friend...)
Send all the monies to your friend, and have him cash it out for you.
Or, alternatively:
Have a friend open a pay pal account for you, pay him like $150 or something for the trouble and you use it.
(obviously it has to be a close trusting friend...)
Running a business through paypal definetly puts your business at risk. Get a traditional merchant account.
I had a friend who lost $14,000 with PayPal in 2003. They locked him out for 6 months and never paid him his money for long after releasing his account. Then had another friend from Canada who lost $800 to them.
Last year my account was locked because I received multiple payments from associatedcontent.com for my articles. I was furious and thought I had lost the money I had in there (about $400). What I did was -
Emailed a friend of mine who had paid me around $400+ and told him to send me some extra money to equal what he had then sent me.
Next, I searched for the old transaction that he had sent me and I clicked the refund button. Voila!, the money went into his account, which he later sent through Xoom.com.
After the money was cleared from my account, I sent abusive emails to them, one after the other and took all my frustration out. Believe me guys, in about 4 weeks, my account was released and they apologized to me. Yes, I sent them my ID and address proof to avoid any future hassles.
That's my story.
Last year my account was locked because I received multiple payments from associatedcontent.com for my articles. I was furious and thought I had lost the money I had in there (about $400). What I did was -
Emailed a friend of mine who had paid me around $400+ and told him to send me some extra money to equal what he had then sent me.
Next, I searched for the old transaction that he had sent me and I clicked the refund button. Voila!, the money went into his account, which he later sent through Xoom.com.
After the money was cleared from my account, I sent abusive emails to them, one after the other and took all my frustration out. Believe me guys, in about 4 weeks, my account was released and they apologized to me. Yes, I sent them my ID and address proof to avoid any future hassles.
That's my story.
I hear your pain. Paypal in all their infinate dumb fuck stupid low paid desk jockey irish Mcfuckers, changed the status of my account RANDOMLY and stopped a payment to my supplier.
This means after I went to bed at 5:30 am after a night of work, I get a call from a supplier at 7am wondering why I stopped the payment and I have to start my day practically begging paypal and my suppliers after like an hours sleep.
A big thank you paypal
Pricks
This means after I went to bed at 5:30 am after a night of work, I get a call from a supplier at 7am wondering why I stopped the payment and I have to start my day practically begging paypal and my suppliers after like an hours sleep.
A big thank you paypal
Pricks
Paypal is risky nowadays especially for traders. Just want to know if this is also the same case with Google Checkout
Traditional merchant accounts are the way to go. I keep telling people that and they keep resisting for some reason. I used to avoid Authorize.net but I have been setting more and more people up with them lately and they have been doing a much better job these days.
Plus they gave me a good buy rate.
So I will keep making people happy and keep sending them accounts!
Plus they gave me a good buy rate.
So I will keep making people happy and keep sending them accounts!
I was processing well over $100,000/year in incoming transactions through my PayPal account when I was under 18. Any time my account was flagged for some reason or my debit card temporarily frozen (due to large transactions, that were made EVERY month on the same day to the same vendor... smart, right?), it was very easy to unlock the account again. Not sure how it is now, but I was able to get the business account phone reps to resolve my issues extremely quickly, and I never had to send in (and forge the age on) any verification of my information.
The real way to do it is to get your own merchant account, though. Your account won't be frozen due to chargebacks, and you'll actually be able to dispute the chargeback directly with the credit card companies or your merchant bank, and not have to go through an intermediary. You'll also be able to put in some good fraud fighting measures (depending on what product you use, if any) that can save a lot of aggrevation.
Google checkout is a pretty good system, but it's not as good as having a real merchant account. It's always a good backup, though.
The real way to do it is to get your own merchant account, though. Your account won't be frozen due to chargebacks, and you'll actually be able to dispute the chargeback directly with the credit card companies or your merchant bank, and not have to go through an intermediary. You'll also be able to put in some good fraud fighting measures (depending on what product you use, if any) that can save a lot of aggrevation.
Google checkout is a pretty good system, but it's not as good as having a real merchant account. It's always a good backup, though.
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